Monday, July 19, 2010

Organizational Inefficiency in Pakistan

Pakistan has one of the highest rates of population growth in the world, and one of the highest levels of poverty. It is a country that desperately needs as much help from within as it can get. Yet, a report in the New York Times refers to a new study in Pakistan showing that the wealthiest Pakistanis are not paying taxes. This is the kind of organizational inefficiency (aka "corruption," even if technically legal) that limits the ability of an economy to develop and meet the needs of its citizens.

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